REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

5615 Glenfield Spring Ln, Spring, TX 77389

3 beds • 2 baths • 1949 sqft

Email

This property looks like a bad Long-Term investment with a projected -15.46% first-year return on $72,870 initial cash invested.

-15.46%

Cash On Cash

2.94%

Cap Rate

0.51

DSCR

$2,353

Rent

-$939

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,870

Downpayment

20%

$69,400

Closing costs

1%

$3,470

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,353

Total Expenses

$3,292

Mortgage P&I

71%

$1,672

Property Taxes

34%

$795

Home Insurance

5%

$121

HOA

4%

$92

Property Management

10%

$235

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis